High-Volume Stocks Surge 166.71% as United Tumbles to 271st in Market Volume Rankings

On July 31, 2025, United recorded a trading volume of $530 million, ranking 271st among all stocks in the market. United Airlines Holdings (UAL) closed down 2.14%.

The decline was attributed to rising fuel costs and softening demand for air travel amid economic uncertainty. Analysts noted that the carrier faces margin compression as oil prices remain elevated, compounding pressure on its cost structure. Additionally, broader industry concerns over yield management and capacity adjustments weighed on investor sentiment.

Despite these challenges, the stock's liquidity profile remains robust. The strategy of purchasing high-volume stocks and holding for one day has historically generated significant returns, capturing momentum from liquidity-driven price movements. This approach has outperformed benchmarks by leveraging concentrated trading activity in liquid assets.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present. This outperformed the benchmark return of 29.18%, generating an excess return of 137.53%. The strategy's success is attributed to its ability to capture momentum driven by high liquidity, as evidenced by the significant volume surges seen in stocks like VICI Properties and Eli Lilly.